Jakarta (Benchmark News) – Corporate financing, PT Sarana Multi infrastructure (Persero) planned issuance of bonds worth of IDR 10 trillion in 2017 as part of ongoing public offering (PUB) bonds IDR 30 trillion.
Director SMI Emma Sri Martini said it will gradually do the issuance of bonds in the future. “We see more absorption. Financing already standby, “he said on the sidelines of the Indonesia Infrastructure event Week, Thursday (10/11/1999).
Emma says funds are the result of conventional debt issuance that would be used to finance infrastructure projects, including the project outside of Jakarta. SMI opened the possibility for global bond issuance at a future date.
As is known, the company has just published bonds totaling IDR 5 trillion as the first stage of the PUB IDR 30 trillion. Based on a prospectus published on Thursday (10/11), bonds that consist of 4 series.
Series A bonds worth IDR 2,29 trillion raised 3 years with 7,85% coupon, series B IDR 1,32 trillion worth of 5-year coupon with raised 8.2%, series C worth of IDR 700 billion raised 10 years with coupons 8.65% and series D IDR 674 billion raised 15 years with the 8.9% coupon.
In the issuance of bonds that, securities companies such as PT BCA securities, PT CIMB Securities, PT Danareka Securities, PT Indo Premier Securities Indonesia, PT Mandiri securities, PT Maybank Kim Eng Securities, PT Trimegah Securities acted as executor underwriter.
STATE-OWNED ENTERPRISES under the coordination of the Ministry of Finance that get ranked AAA Ratings from the rating agency PT Effect Indonesia (Pefindo).
Previously, SMI ever published bonds totaling IDR 1 trillion in 2014. Bonds, it consists of A series of bonds worth $3 billion raised the year with coupon 9.6% which will be due on June 11, 2017 and series B bonds IDR 900 billion raised 5 years with a coupon of 10% which will be due there June 11, 2019.
Based on the annual report of the company’s 2015 bonds, the holder of the largest among other SMI BPJS Staffing by 25%, PT Taspen (Persero) amounting to 17%, pension funds Bank Indonesia 5%, pension funds BRI 4% and PT Jasa Raharja (Persero) 3%…(Red)